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Category Archives: Financial Matters

HOA Board Members: What Insurance Do You Need?

Homeowners association board members make difficult decisions, which can have a huge impact on the people around them. Consequently, individual members of the HOA board are susceptible to becoming targets for lawsuits along with the association itself.

Considering the majority of them own at least one of the development units, they do have something...

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What is D&O Liability Insurance?

The Directors’ and Officers’ Liability coverage is an insurance that protects officers and trustees from being held accountable for the actions they took or failed to take as members of a board. It offers liability coverage for the damages that ensued alleged wrongdoings of a member.

This policy can cover the liability of officers...

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